Man lives in the sunlit world of what he believes to be reality. But… there is, unseen by most, an underworld, a phenomenon that is just as real, but not as brightly lit…Tales from the Darkside? Nope! Tales from the Debtside.

  • Debt is the toxin that feeds fear and fear is the toxin that feeds debt.

  • If you buy more than you need, you gain more debt than you want.

  • The person who thinks debt-free life is possible is the one who is going to get rid of debt in life. Make real effort to do so.

  • We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light - Plato

  • Any credit repair company that promises to remove legitimate bad debts from your credit history is lying.

  • Under the Consumer Credit Protection Act, such information remains on your credit report for about seven years.

  • The disappearance of bad credits, if any, is only temporary.

  • For help, check out the National Foundation For Credit Counseling.

Craving for Credit is the real problem!

We live in such a consumer driven society - credit cards just help us get what we want when we can't afford it. In our society we overeat, overspend, over consume. In general - donuts and credit cards are not the problem, our constant craving for food and credit is the real problem!

The Credit Card Song by Old Man Pie

Ahead of its time this is a cartoon animation that's been up on the web since 2006 and is all about the credit crunch crisis.

Credit card spending and loans from banks are in their trillions of dollars and something has to give. We no longer spend what we have earned, we spend what we haven't earned on the back of house price rises and yet more loans.

The banks are prospering and fat cats are awarding themselves massive bonuses, but it cannot continue.

Beware the debt time bomb may bring the walls of the western world clattering to the ground.

Debt Menu






Free of Finance: How to Get Out of Debt Quick

Monday, December 4, 2017, 6:00 AM | Leave Comment

If you are like many people, you might have a lot of debt you worry about paying off. You could have a mortgage and a couple of car payments, or you could be dealing with student loan debt, credit card debt, and more. If this is the case for you, it might feel as if […]

One Step at a Time: How to Start Turning Debt Around

Friday, November 3, 2017, 6:00 AM | Leave Comment

Debt can feel like an insurmountable beast which cannot be easily tamed. The good news is that there are ways out of debt. The less-good news is that they require patience and discipline in order to take their desired effect. In order to get out of debt, you need to have a well-developed plan. Here […]

5-Day Debt Reduction Plan: Pay It Off

Thursday, November 2, 2017, 6:00 PM | Leave Comment

As you’ve learned how budgeting can play a major role in finance management and made your ideal budget plan, also found the tricks to save some extra money; now all you want is to clear all your debts. You are ready with the money to shell off your debts; Is it enough? The answer is a […]

Strategies for Paying Off Your Debt

Saturday, June 10, 2017, 6:00 AM | Leave Comment

The author James Lendall Basford once said that “a man in debt is a man in chains”, and he was completely right. However, going into debt is one of the most frequent ways of financing small businesses, and although it seems as a reasonable decision at the time, sooner or later it backfires. This is […]

Law and Money: The Alternatives to Filing for Bankruptcy

Tuesday, May 23, 2017, 6:00 AM | Leave Comment

Bankruptcy is the final answer to resolving debt. It is an irreversible decision with lasting consequences for your finances and future purchases. Bankruptcy should be your solution when nothing else is solving the dilemma. Prior to filing for bankruptcy, debtors should consider these alternatives first. Talk to Creditors It’s surprising to hear that creditors want […]

Money Troubles? How To Manage Debt Effectively

Wednesday, May 17, 2017, 6:00 AM | Leave Comment

Most of us can use a little help managing our debt. Even if you only have a little bit of debt, it can easily get out of control if you do not keep track of it. There are a number of steps that you can take in order to manage your debt effectively. Keep Track […]

How Does Investing in a Home Affect Your Credit Score?

Saturday, April 15, 2017, 6:00 AM | Leave Comment

There are a lot of reasons to buy a home, but most people don’t consider their credit score to be one of them. Whether you are buying the home of your dreams to live in or are investing in a property to rent, you have to keep in mind that it can have various effects […]

6 Ways to Pay Off Student Debt While Paying Expensive Rent

Friday, January 20, 2017, 6:00 PM | Leave Comment

You’ve graduated college, landed a job you really like and you’re living in your dream city. Or, even if it’s not where you thought you’d live, the job you fell in love with requires you to move to a major city. In both scenarios, you might be wondering if you’ve made the right decision. Sure, […]

Effective Ways to Get Out of Debt

Tuesday, December 27, 2016, 6:00 AM | Leave Comment

If climbing out of debt were as easy as falling into debt, borrowers would probably not be searching for effective ways to become debt-free. As it happens, seeing the light at the end of a tunnel when weighed down by bills and fees might feel like it’s impossible, but some smart choices involving the adoption […]

Reduce Your Personal Loan Burden by Increasing your Tenure

Monday, September 26, 2016, 6:00 AM | Leave Comment

Before you go in for a personal loan, you’ll need to understand the basic concepts. Firstly, interest rates are charged based on the amount you’ve borrowed. The higher the amount, the higher the interest you’ll pay. The tenure is another crucial factor. The impact of tenure is directly on the EMI that you would be […]